Rockfort Markets Review

RockGlobal, formerly known as Rockfort Markets, operates as an online trading broker out of New Zealand, providing a wide array of financial instruments including shares, options, indices, forex, ETFs, CFDs, and futures for those interested in online trading. This broker is regulated and offers users the robust and intuitive MetaTrader 4 and Trader Workstation platforms, available across web, desktop, and mobile applications. Traders can take advantage of various helpful tools, market insights, and educational materials to enhance their trading experience.

For those looking to invest, RockGlobal has multiple account types tailored to meet the diverse financial objectives of different traders. A minimum deposit of $200 is all that’s required to open a real trading account, and for those who prefer to practice first, a free demo account is also available.

Utilizing a straight-through processing (STP) model, RockGlobal executes trades directly through its servers to liquidity providers, eliminating the need for re-entry or dealing desk interference. This means that clients can enjoy a seamless trading experience without the hassle of re-quotes, allowing for unrestricted trading. By partnering with various liquidity providers, often banks, RockGlobal ensures tight spreads and swift execution speeds, providing traders with the best available prices.

Originally known as GPP Markets, RockGlobal obtained its regulatory license in New Zealand back in 2018 and has since made it their mission to offer traders access to global financial markets while maintaining exceptional trading conditions. The broker has been granted a derivatives issuer license in New Zealand, which highlights their commitment to professionalism and quality service for clients.

Onboarding with RockGlobal is designed to be straightforward and efficient, ensuring that clients understand compliance and anti-money laundering practices without any confusion. They prioritize offering a convenient trading experience.

Traders can delve into a variety of CFDs on Forex, commodities, indices, and metals. A Contract for Difference (CFD) is essentially an agreement between two parties to exchange the difference in an asset’s value from the time the contract is initiated to when it closes. This means you can open a position at a certain price, wait for it to shift, and then make a profit (or incur a loss) based on that difference.

A key distinction between trading CFDs and traditional investing is that you do not actually own the underlying asset. Instead, a CFD mirrors the asset’s price, allowing you to speculate on its price changes without the need for ownership. With leverage options of up to 1:500 on major and minor currency pairs, RockGlobal enables traders to operate with larger position sizes than their initial investment would typically allow. However, it’s crucial to remember that trading with leverage amplifies both potential gains and losses.

RockGlobal provides two advanced trading platforms that facilitate quick execution, deep liquidity, and narrow spreads across more than 50 markets. Both platforms are designed to be powerful yet user-friendly, catering to both novice and experienced traders alike.

MetaTrader 4 (MT4) is one of the most popular and award-winning platforms in the forex and CFD trading space. It features an easy-to-use interface, advanced charting tools, a wide selection of built-in indicators, and supports algorithmic trading. This versatile platform enables traders to access the global CFD market with ease and offers a variety of expert advisors and strategies from the MT4 marketplace.

The MT4 platform is compatible with Windows and Mac computers, as well as being accessible through most modern web browsers, meaning no extra software downloads are necessary. Additionally, the MT4 mobile app is available for both Android and iOS users, providing easy access to trading accounts on the go.

With MT4, you can trade using various chart types, including bar charts, candlestick charts, and more, enabling you to analyze instruments over different timeframes to align with long-term trading trends. Access to over 30 indicators and numerous technical studies further enhances your ability to make informed trading decisions.

The platform also supports algorithmic trading, allowing users to automate their trading strategies with custom scripts. You can create your own scripts or purchase them from the MT4 marketplace, making it easy to innovate and track the performance of other traders through copy trading features.

Among the standout features of the MT4 platform are its ability to trade across more than 50 currency pairs and CFDs, analyze markets with technical indicators and various order types, and develop tailored trading tools and alerts.

The MT4 mobile app offers a powerful trading experience right from your smartphone, ensuring that you never miss a trading opportunity, even when you’re not at your computer.

Trader Workstation (TWS) serves as a comprehensive platform for trading global markets. It offers users access to a multi-currency account for trading shares across over 30 exchanges. Forex traders benefit from a specialized FX layout designed for swift viewing of currency pairs and rapid execution, while options traders appreciate the user-friendly Strategy Builder for creating complex strategies.

TWS is consistently rated as one of the best online trading platforms due to its low fees and exceptional execution capabilities. For larger orders, SMART routing provides access to dark pools and off-exchange liquidity, enhancing safety and reducing errors.

Algo traders can link various third-party platforms to automate their trading fully. TWS also provides access to common platforms like Ninja Trader and Multicharts, along with MT4 integration via an Order Bridge.

Traders in forex, CFDs, and futures can take advantage of a broad selection of markets with direct market access, ensuring they have the tools needed to succeed.

The TWS mobile app is among the most sophisticated trading applications available, allowing users to monitor markets, manage watchlists, and execute trades directly from their smartphones. It supports trading across various asset classes, including stocks, options, futures, and forex, making it a versatile tool for traders on the move.

In addition to the trading platforms, RockGlobal offers a wealth of trading tools such as Trader Assistant, Market Analysis, and dedicated account management services. They have partnered with Trading Central, which provides valuable market insights and technical analysis to support traders’ decisions.

Traders can access personalized notifications regarding their accounts and market updates via the Trader Assistant, ensuring they stay informed and connected. The education section on the broker’s website features comprehensive trading guides covering a range of topics, helping users navigate the financial markets with confidence.

In conclusion, RockGlobal is a regulated online trading broker based in New Zealand that offers a diverse range of financial instruments through the intuitive MT4 and TWS platforms. With an array of trading tools, market research, and educational resources, RockGlobal is well-equipped to support traders at every level. Established by a team of experienced professionals, the broker maintains a commitment to high standards and seamless trading experiences.

Getting started with RockGlobal is straightforward, even with a minimal deposit, and their application process is quick and user-friendly.

Pros:

• Trade a variety of markets
• Excellent trading platforms and apps
• High-quality market research tools
• Multiple account types available
• Simple account opening process
• Convenient funding options

Cons:

• Cannot accept USA traders
• Minimum deposit of $200
• Inactivity fees

As someone deeply passionate about forex, I continuously explore and analyze everything related to this dynamic field. With years of experience in the forex industry, I have reviewed countless forex robots, brokers, strategies, and courses. I share my insights freely to help others navigate the fascinating world of forex trading! For more information, visit https://findnomore.net.